India, March 31 -- Market spotlight turned on the April 2 pronouncement of trade tariffs anticipated from the U.S. Concerns over the impact of the tariffs on global growth also weighed on market sentiment.
Wall Street Futures are trading deep in the red. European benchmarks are also trading with heavy losses. Asian markets also plunged in Monday's trade.
The six-currency Dollar Index has strengthened. Bond yields mostly eased. Crude oil prices firmed as markets speculated on potential secondary tariffs by U.S. on buyers of Russian oil. Gold touched a fresh high again as fears of higher tariffs by the U.S. boosted safe haven demand. Cryptocurrencies mostly declined. Here is a snapshot of the major world markets at this hour.
Stock Indexes...